Press release
Forklift Trucks Market Trend with Global Foresight 2023 by Komastu Ltd., Toyota Industries Corporation, KION Group AG, Hyster-Yale Material handling Inc., Jungheinrich group
Market ScenarioForklift trucks are used to lift and move materials within short distances. Forklift trucks are used across various industries such as automotive, food and beverages, construction, consumer goods, e-commerce, and retail. Growing demand from manufacturing industry is the primary driving factor of the forklift trucks market. Increase in productivity, reduced injuries & accidents along with operator comfort are some major factors that have positive influence on the market growth. However, high cost of electric powered forklift trucks is the factor that may hamper the growth of market.
Global Forklift Trucks Market is projected to reach USD 41.73 billion by 2023, at a CAGR of 5.9% from 2017 to 2023.
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Study Objectives of Global Forklift Trucks Market:
• To provide detailed analysis of the market structure along with forecast for the next five years of various segments and sub-segments of the global forklift trucks market
• To provide insights about factors affecting the market growth
• To analyze the global forklift trucks market based on various tools such as Price Analysis, Supply Chain Analysis, Porter’s Five Forces Analysis
• To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies, North America, Europe, APAC, and Rest of the World (ROW) and their countries
• To provide country level analysis of the market with respect to the current market size and future prospective
• To provide country level analysis of the market segmented, by technology, by capacity, by applications, and by regions
• To provide strategic profiling of the key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
• To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the forklift trucks market
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Komastu Ltd. (Japan)
Toyota Industries Corporation (Japan)
KION Group AG (Germany)
Hyster-Yale Material handling Inc. (U.S.)
Jungheinrich group (Germany)
Mitsubishi Nichiyu Forklift Corporation (Japan)
Crown Equipment Corporation (U.K)
The Raymond Corporation (U.S.)
ANHUI HELI CO., LTD (China)
Kalmar Global (Finland)
Target Audience
• Manufacturing Organizations
• Distributors & Suppliers
• Government as well as Independent Regulatory Authorities
• Research Institute / Education Institute
• Potential Investors
Product Analysis
• Product matrix which gives a detailed comparison of the market for different recycled product types
Additional Information
• Regulatory Landscape Pricing Analysis Macroeconomic Indicators
Geographic Analysis
• Geographical analysis across 15 countries
Company Information
• Profiling of 10 key market players
• In-depth analysis including SWOT analysis, and strategy information of related to report title
• Competitive landscape including emerging trends adopted by major companies
4 Global Forklift Trucks Market, By Technology
4.1 Electric Powered
4.2 Internal Combustion Engine Powered
5 Global Forklift Trucks Market, By Capacity
5.1 Introduction
5.2 Below 5 Tons
5.3 Above 5 Tons
6 Global Forklift Trucks Market, By Application
6.1 Introduction
6.2 Manufacturing
6.3 Logistic
6.4 Retail & Wholesale
6.5 Others
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